VGT (02476) Balance Sheet

376.800
-38.200-9.20%

Trading Jun 5 11:39 CST

370.31BMarket Cap69.87P/E (TTM)

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YOY

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(Q1)Mar 31, 2026

(FY)Dec 31, 2025

(Q9)Sep 30, 2025

(Q1)Mar 31, 2025

(FY)Dec 31, 2024

(FY)Dec 31, 2023

(FY)Dec 31, 2022

Assets

Current assets

Inventory

67.60%3.91B

54.61%3.16B

--2.67B

--2.33B

48.56%2.05B

22.44%1.38B

--1.12B

Accounts receivable

6.04%5.56B

53.59%6.56B

--6.84B

--5.24B

16.85%4.27B

16.40%3.66B

--3.14B

Notes receivable

--135.6M

----

Advance deposits and other receivables

--94.44M

----

Cash and equivalents

201.72%3.79B

246.00%3.21B

--3.12B

--1.26B

23.67%926.75M

3.22%749.38M

--726.01M

Secured deposit

----

-90.06%73.08M

--73.03M

--72.55M

-47.18%735.28M

276.97%1.39B

--369.24M

Financial assets at fair value-current assets

--500.24M

--137M

----

-99.29%3.55M

--502.33M

Derivative financial instruments-current assets

----

-49.56%15.8M

--31.32M

----

Other current assets

77.45%351.22M

339.73%373.88M

--347.54M

--197.93M

56.01%85.02M

137.26%54.5M

--22.97M

Total current assets

62.08%14.74B

67.25%13.51B

--13.05B

--9.1B

11.25%8.08B

23.41%7.26B

--5.89B

Non-current assets

Fixed assets

--10.47B

----

Property, plant and equipment

----

72.22%12.88B

--11.09B

--7.56B

4.07%7.48B

9.60%7.18B

--6.56B

Construction in progress

--5.17B

----

Intangible assets

54.46%934.04M

-4.47%587.62M

--592.24M

--604.7M

-0.17%615.12M

2,404.90%616.18M

--24.6M

Goodwill

-4.43%1.16B

-1.96%1.19B

--1.21B

--1.22B

5.28%1.22B

--1.16B

----

Deferred tax assets

535.92%334.9M

554.26%343.26M

--94.75M

--52.66M

-31.63%52.47M

118.60%76.74M

--35.1M

Other illiquid assets

243.57%3.32B

737.71%3.41B

--1.54B

--965.17M

262.07%406.54M

-46.11%112.28M

--208.37M

Special items of non-current assets

--220.72M

----

Total non-current assets

104.06%24.13B

95.85%21.73B

--17.67B

--11.83B

9.63%11.1B

20.22%10.12B

--8.42B

Total assets

85.81%38.88B

83.80%35.24B

--30.72B

--20.92B

10.31%19.18B

21.53%17.38B

--14.3B

Liabilities

Current liabilities

Accounts payable

21.62%7.55B

103.60%11.14B

--9.17B

--6.21B

36.67%5.47B

10.65%4.01B

--3.62B

Notes payable

--3.39B

----

Tax payable

121.10%355.43M

231.76%370.77M

--364.33M

--160.76M

44.08%111.76M

52.84%77.57M

--50.75M

Other payables and accrued expenses

--321.78M

----

Short-term borrowing

--3.05B

----

Bank loans and overdrafts

----

29.67%2.47B

--1.45B

--1.26B

-42.09%1.91B

26.25%3.29B

--2.61B

Derivative financial instrument-current liabilities

----

--1.74M

----

--58K

----

Financial lease liabilities-current liabilities

----

49.10%22.11M

--16.21M

--14.92M

-10.30%14.83M

126.40%16.54M

--7.3M

Deferred income-current liabilities

----

33.06%8.09M

--5.09M

--6M

-16.12%6.08M

-0.79%7.24M

--7.3M

Other current liabilities

-84.16%4.98M

-19.83%15.11M

--12.57M

--31.46M

-89.36%18.85M

277.22%177.15M

--46.96M

Special items of current liabilities

--1.07B

----

Total current liabilities

107.31%16B

86.38%14.05B

--11.02B

--7.72B

-0.61%7.54B

19.42%7.58B

--6.35B

Net current assets

-191.35%-1.26B

-198.12%-533.2M

--2.03B

--1.38B

269.79%543.44M

31.08%-320.07M

---464.41M

Total assets less current liabilities

73.24%22.88B

82.13%21.2B

--19.69B

--13.2B

18.76%11.64B

23.22%9.8B

--7.95B

Non-current liabilities

Long-term bank loan

68.98%4.82B

67.42%3.87B

--3.87B

--2.85B

29.99%2.31B

97.82%1.78B

--898.36M

Long-term accounts payable

----

-7.41%5.17M

--5.12M

--5.66M

--5.59M

----

Long-term remuneration payable to staff and workers

--5.03M

----

Financial lease liabilities-non-current liabilities

24.93%75.42M

36.67%82.32M

--61.9M

--60.37M

12.22%60.23M

59.15%53.67M

--33.73M

Deferred tax liability

60.17%480.96M

90.27%540.71M

--536.15M

--300.29M

17.16%284.18M

530.03%242.56M

--38.5M

Deferred income-non-current liabilities

93.59%77.37M

102.46%72.19M

--40.12M

--39.97M

-14.80%35.65M

-7.32%41.85M

--45.15M

Provision-non-current liabilities

----

-21.85%10.89M

--13.68M

--13.52M

-76.08%13.94M

--58.25M

----

Other non-current liabilities

-1.70%1.17M

-1.68%1.17M

--1.19M

-2.85%1.19M

0.08%1.23M

--1.23M

Total non-current liabilities

67.07%5.47B

68.95%4.58B

--4.52B

--3.28B

24.65%2.71B

113.84%2.17B

--1.02B

Total liabilities

95.32%21.47B

81.77%18.63B

--15.55B

--10.99B

5.02%10.25B

32.46%9.76B

--7.37B

Total assets less total liabilities

75.28%17.4B

86.13%16.62B

--15.17B

--9.93B

17.08%8.93B

9.93%7.63B

--6.94B

Total equity and non-current liabilities

73.24%22.88B

82.13%21.2B

--19.69B

--13.2B

18.76%11.64B

23.22%9.8B

--7.95B

Equity

Share capital

1.14%872.56M

0.89%870.35M

--870.35M

--862.69M

0.00%862.69M

--862.69M

Capital reserve

--5.41B

----

Other reserves

----

85.67%7.86B

--7.48B

--4.32B

10.55%4.23B

6.90%3.83B

--3.58B

Retained profit

----

105.83%7.89B

--6.82B

--4.75B

30.62%3.83B

17.73%2.93B

--2.49B

Undistributed profit

--9.17B

----

Special items of shareholders' rights and interests

--9.3M

----

Shareholders' Equity

75.28%17.4B

86.13%16.62B

--15.17B

--9.93B

17.08%8.93B

9.93%7.63B

--6.94B

Total equity

75.28%17.4B

86.13%16.62B

--15.17B

--9.93B

17.08%8.93B

9.93%7.63B

--6.94B

Total equity and total liabilities

85.81%38.88B

83.80%35.24B

--30.72B

--20.92B

10.31%19.18B

21.53%17.38B

--14.3B

Currency Unit

CNY

Accounting Standards

CAS (2007)

IAS

Audit Opinions

Unqualified Opinion

Auditor

Hong Kong Lixin Dehao Certified Public Accountants Limited

	(Q1)Mar 31, 2026	(FY)Dec 31, 2025	(Q9)Sep 30, 2025	(Q1)Mar 31, 2025	(FY)Dec 31, 2024	(FY)Dec 31, 2023	(FY)Dec 31, 2022
Assets
Current assets
Inventory	67.60%3.91B	54.61%3.16B	--2.67B	--2.33B	48.56%2.05B	22.44%1.38B	--1.12B
Accounts receivable	6.04%5.56B	53.59%6.56B	--6.84B	--5.24B	16.85%4.27B	16.40%3.66B	--3.14B
Notes receivable	--135.6M	----	----	----	----	----	----
Advance deposits and other receivables	--94.44M	----	----	----	----	----	----
Cash and equivalents	201.72%3.79B	246.00%3.21B	--3.12B	--1.26B	23.67%926.75M	3.22%749.38M	--726.01M
Secured deposit	----	-90.06%73.08M	--73.03M	--72.55M	-47.18%735.28M	276.97%1.39B	--369.24M
Financial assets at fair value-current assets	--500.24M	--137M	----	----	----	-99.29%3.55M	--502.33M
Derivative financial instruments-current assets	----	----	----	----	-49.56%15.8M	--31.32M	----
Other current assets	77.45%351.22M	339.73%373.88M	--347.54M	--197.93M	56.01%85.02M	137.26%54.5M	--22.97M
Total current assets	62.08%14.74B	67.25%13.51B	--13.05B	--9.1B	11.25%8.08B	23.41%7.26B	--5.89B
Non-current assets
Fixed assets	--10.47B	----	----	----	----	----	----
Property, plant and equipment	----	72.22%12.88B	--11.09B	--7.56B	4.07%7.48B	9.60%7.18B	--6.56B
Construction in progress	--5.17B	----	----	----	----	----	----
Intangible assets	54.46%934.04M	-4.47%587.62M	--592.24M	--604.7M	-0.17%615.12M	2,404.90%616.18M	--24.6M
Goodwill	-4.43%1.16B	-1.96%1.19B	--1.21B	--1.22B	5.28%1.22B	--1.16B	----
Deferred tax assets	535.92%334.9M	554.26%343.26M	--94.75M	--52.66M	-31.63%52.47M	118.60%76.74M	--35.1M
Other illiquid assets	243.57%3.32B	737.71%3.41B	--1.54B	--965.17M	262.07%406.54M	-46.11%112.28M	--208.37M
Special items of non-current assets	--220.72M	----	----	----	----	----	----
Total non-current assets	104.06%24.13B	95.85%21.73B	--17.67B	--11.83B	9.63%11.1B	20.22%10.12B	--8.42B
Total assets	85.81%38.88B	83.80%35.24B	--30.72B	--20.92B	10.31%19.18B	21.53%17.38B	--14.3B
Liabilities
Current liabilities
Accounts payable	21.62%7.55B	103.60%11.14B	--9.17B	--6.21B	36.67%5.47B	10.65%4.01B	--3.62B
Notes payable	--3.39B	----	----	----	----	----	----
Tax payable	121.10%355.43M	231.76%370.77M	--364.33M	--160.76M	44.08%111.76M	52.84%77.57M	--50.75M
Other payables and accrued expenses	--321.78M	----	----	----	----	----	----
Short-term borrowing	--3.05B	----	----	----	----	----	----
Bank loans and overdrafts	----	29.67%2.47B	--1.45B	--1.26B	-42.09%1.91B	26.25%3.29B	--2.61B
Derivative financial instrument-current liabilities	----	--1.74M	----	----	----	--58K	----
Financial lease liabilities-current liabilities	----	49.10%22.11M	--16.21M	--14.92M	-10.30%14.83M	126.40%16.54M	--7.3M
Deferred income-current liabilities	----	33.06%8.09M	--5.09M	--6M	-16.12%6.08M	-0.79%7.24M	--7.3M
Other current liabilities	-84.16%4.98M	-19.83%15.11M	--12.57M	--31.46M	-89.36%18.85M	277.22%177.15M	--46.96M
Special items of current liabilities	--1.07B	----	----	----	----	----	----
Total current liabilities	107.31%16B	86.38%14.05B	--11.02B	--7.72B	-0.61%7.54B	19.42%7.58B	--6.35B
Net current assets	-191.35%-1.26B	-198.12%-533.2M	--2.03B	--1.38B	269.79%543.44M	31.08%-320.07M	---464.41M
Total assets less current liabilities	73.24%22.88B	82.13%21.2B	--19.69B	--13.2B	18.76%11.64B	23.22%9.8B	--7.95B
Non-current liabilities
Long-term bank loan	68.98%4.82B	67.42%3.87B	--3.87B	--2.85B	29.99%2.31B	97.82%1.78B	--898.36M
Long-term accounts payable	----	-7.41%5.17M	--5.12M	--5.66M	--5.59M	----	----
Long-term remuneration payable to staff and workers	--5.03M	----	----	----	----	----	----
Financial lease liabilities-non-current liabilities	24.93%75.42M	36.67%82.32M	--61.9M	--60.37M	12.22%60.23M	59.15%53.67M	--33.73M
Deferred tax liability	60.17%480.96M	90.27%540.71M	--536.15M	--300.29M	17.16%284.18M	530.03%242.56M	--38.5M
Deferred income-non-current liabilities	93.59%77.37M	102.46%72.19M	--40.12M	--39.97M	-14.80%35.65M	-7.32%41.85M	--45.15M
Provision-non-current liabilities	----	-21.85%10.89M	--13.68M	--13.52M	-76.08%13.94M	--58.25M	----
Other non-current liabilities	-1.70%1.17M	-1.68%1.17M	--1.19M	--1.19M	-2.85%1.19M	0.08%1.23M	--1.23M
Total non-current liabilities	67.07%5.47B	68.95%4.58B	--4.52B	--3.28B	24.65%2.71B	113.84%2.17B	--1.02B
Total liabilities	95.32%21.47B	81.77%18.63B	--15.55B	--10.99B	5.02%10.25B	32.46%9.76B	--7.37B
Total assets less total liabilities	75.28%17.4B	86.13%16.62B	--15.17B	--9.93B	17.08%8.93B	9.93%7.63B	--6.94B
Total equity and non-current liabilities	73.24%22.88B	82.13%21.2B	--19.69B	--13.2B	18.76%11.64B	23.22%9.8B	--7.95B
Equity
Share capital	1.14%872.56M	0.89%870.35M	--870.35M	--862.69M	0.00%862.69M	0.00%862.69M	--862.69M
Capital reserve	--5.41B	----	----	----	----	----	----
Other reserves	----	85.67%7.86B	--7.48B	--4.32B	10.55%4.23B	6.90%3.83B	--3.58B
Retained profit	----	105.83%7.89B	--6.82B	--4.75B	30.62%3.83B	17.73%2.93B	--2.49B
Undistributed profit	--9.17B	----	----	----	----	----	----
Special items of shareholders' rights and interests	--9.3M	----	----	----	----	----	----
Shareholders' Equity	75.28%17.4B	86.13%16.62B	--15.17B	--9.93B	17.08%8.93B	9.93%7.63B	--6.94B
Total equity	75.28%17.4B	86.13%16.62B	--15.17B	--9.93B	17.08%8.93B	9.93%7.63B	--6.94B
Total equity and total liabilities	85.81%38.88B	83.80%35.24B	--30.72B	--20.92B	10.31%19.18B	21.53%17.38B	--14.3B
Currency Unit	CNY	CNY	CNY	CNY	CNY	CNY	CNY
Accounting Standards	CAS (2007)	IAS	IAS	IAS	IAS	IAS	IAS
Audit Opinions	--	Unqualified Opinion	--	--	Unqualified Opinion	Unqualified Opinion	Unqualified Opinion
Auditor	--	Hong Kong Lixin Dehao Certified Public Accountants Limited	--	--	Hong Kong Lixin Dehao Certified Public Accountants Limited	Hong Kong Lixin Dehao Certified Public Accountants Limited	Hong Kong Lixin Dehao Certified Public Accountants Limited

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

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